How have IMMR shares performed in 2024?

Immersion's stock was trading at $7.06 at the beginning of 2024. Since then, IMMR shares have increased by 0.6% and is now trading at $7.10. View the best growth stocks for 2024 here .

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our IMMR earnings forecast .

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) posted its quarterly earnings data on Thursday, March, 7th. The software maker reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.30. The software maker had revenue of $10.38 million for the quarter, compared to analyst estimates of $9.25 million. Immersion had a net margin of 100.17% and a trailing twelve-month return on equity of 19.75%.

How often does Immersion pay dividends? What is the dividend yield for Immersion?

Immersion declared a quarterly dividend on Thursday, April 11th. Stockholders of record on Friday, April 12th will be given a dividend of $0.045 per share on Friday, April 19th. This represents a $0.18 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Thursday, April 11th. Read our dividend analysis for IMMR .

Is Immersion a good dividend stock?

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.18 per share and currently has a dividend yield of 2.48%. The dividend payout ratio is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for IMMR .

What ETFs hold Immersion's stock?

ETFs with the largest weight of Immersion (NASDAQ:IMMR) stock in their portfolio include ProShares Metaverse ETF (VERS) and Jacob Forward ETF (JFWD) . Invesco Nasdaq Future Gen 200 ETF (QQQS) .

What is Ramzi Haidamus' approval rating as Immersion's CEO?

3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com . Ramzi Haidamus has an approval rating of 64% among the company's employees.

What other stocks do shareholders of Immersion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Netflix (NFLX) , QUALCOMM (QCOM) , Twitter (TWTR) , Micron Technology (MU) , Sorrento Therapeutics (SRNE) , Tesla (TSLA) , Salesforce (CRM) and Trade Desk (TTD) .

Who are Immersion's major shareholders?

Immersion's stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.26%) and Register Financial Advisors LLC (0.08%). Insiders that own company stock include Aaron Akerman , Elias Nader, Eric Singer , Francis Jose , Toro 18 Holdings Llc and William C Martin . View institutional ownership trends .

How do I buy shares of Immersion?

Shares of IMMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:IMMR

Immersion (IMMR) Stock Price, News & Analysis

→ This company has increased its dividend every year for 54 years (From DTI) (Ad)

Free IMMR Stock Alerts

$7.10

+0.01 (+0.14%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.07
▼
$7.19
50-Day Range: $6.58
▼
$8.37
52-Week Range: $5.94
▼
$8.62

Volume: 286,149 shs
Average Volume: 521,627 shs
Market Capitalization: $225.07 million

P/E Ratio: 6.89
Dividend Yield: 2.54%
Price Target: N/A

Get Immersion alerts:

Immersion MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
3.88% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.07
Based on 6 Articles This Week
Insider Trading: Selling Shares
$106,860 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

Computer And Technology Sector

374th out of 587 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

8th out of 13 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Immersion.

5.0

Short Interest

Percentage of Shares Shorted
3.88% of the float of Immersion has been sold short.
Short Interest Ratio / Days to Cover
Immersion has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Immersion has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Immersion pays a meaningful dividend of 2.48%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Immersion does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Immersion is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IMMR.

1.7

News and Social Media Coverage

News Sentiment
Immersion has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Immersion this week, compared to 2 articles on an average week.
Search Interest
Only 18 people have searched for IMMR on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Immersion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $106,860.00 in company stock.
Percentage Held by Insiders
Only 5.50% of the stock of Immersion is held by insiders.
Percentage Held by Institutions
60.57% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Immersion is 6.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Immersion is 6.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 244.96.
Price to Book Value per Share Ratio
Immersion has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad DTI

Start loving Mondays like this

Wouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!

Weekend after weekend!

About Immersion Stock (NASDAQ:IMMR)

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things. The company was incorporated in 1993 and is headquartered in Aventura, Florida.

IMMR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IMMR Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Immersion (IMMR) on Strong Financials and Strategic Investments in Haptics and Education Sectors

April 16, 2024 | finanznachrichten.de

BitMine Immersion Technologies Inc.: BitMine Immersion Technologies, Inc. Chairman and CEO Issues Open Letter to Shareholders

April 18, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

The S&P 500 just crossed below the 200 day moving average… The Nasdaq is bleeding out… Are we headed for a recession?! If you’ve been in the stock market the last few months, it hasn’t been fun… But what if I told you there was a way to target “BONUS” income just by doing a unique type of trade over the weekend? When the markets are closed. And volatility is minimal.

April 16, 2024 | businesswire.com

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

April 14, 2024 | americanbankingnews.com

Reviewing Silverlake Axis (OTCMKTS:SLVFF) & Immersion (NASDAQ:IMMR)

April 11, 2024 | msn.com

Police search Milwaukee French Immersion School after multiple threats

April 11, 2024 | seekingalpha.com

Immersion Corporation: Undervalued On Paper, Despite Lack Of Growth

April 10, 2024 | msn.com

Police search Milwaukee French Immersion School after third bomb threat in a week

April 18, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

April 10, 2024 | americanbankingnews.com

Immersion (NASDAQ:IMMR) Shares Cross Above Two Hundred Day Moving Average of $6.90

March 29, 2024 | msn.com

Glan Usk school in Newport hold Ramadan Immersion Day

March 26, 2024 | finance.yahoo.com

Zacks Investment Ideas feature highlights: IMMERSION, DHI Group and QuickLogic

March 23, 2024 | msn.com

Immersion declares $0.045 dividend

March 22, 2024 | markets.businessinsider.com

3 Undervalued Stocks That Could 10X in 5 Years

March 21, 2024 | msn.com

Blumhouse Inks Deal With ‘Shark Tank’ Contestant American Immersion Theater

March 15, 2024 | finance.yahoo.com

Immersion Corp (IMMR) Director Elias Nader Sells 13,000 Shares

March 11, 2024 | finance.yahoo.com

Immersion Corp (IMMR) Reports Solid FY2023 Earnings with Increased Net Income

March 9, 2024 | finance.yahoo.com

Immersion Full Year 2023 Earnings: Beats Expectations

March 8, 2024 | msn.com

IMMR Stock Earnings: Immersion Beats EPS, Beats Revenue for Q4 2023

March 7, 2024 | msn.com

Immersion (IMMR) Gains But Lags Market: What You Should Know

March 7, 2024 | businesswire.com

Immersion Corporation Reports Fourth Quarter and Full Year 2023 Results

March 4, 2024 | markets.businessinsider.com

Immersion Renews License Agreement With Nintendo

February 20, 2024 | finance.yahoo.com

Immersion (IMMR) Sees a More Significant Dip Than Broader Market: Some Facts to Know

February 18, 2024 | barrons.com

Immersion Corp.

February 16, 2024 | bizjournals.com

Meta signs tech licensing agreement with Aventura company

February 15, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Immersion (IMMR) and SunPower (SPWR)

February 15, 2024 | finance.yahoo.com

Immersion Corporation (IMMR) is Attracting Investor Attention: Here is What You Should Know

See More Headlines

Receive IMMR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Immersion and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 1/25 Dividend: 1/11/2024
Dividend Payable: 1/25/2024
Last Earnings: 3/07/2024
Ex-Dividend for 4/19 Dividend: 4/11/2024
Today: 4/18/2024
Dividend Payable: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: Computer Storage & Peripherals
Current Symbol: NASDAQ:IMMR
CUSIP: 45252110
CIK: 1058811
Web: www.immersion.com
Phone: (408) 467-1900
Fax: 408-467-1901
Employees: 14
Year Founded: 1993

Profitability

EPS (Most Recent Fiscal Year): $1.03
Trailing P/E Ratio: 6.89
Forward P/E Ratio: 6.40
P/E Growth: N/A
Net Income: $33.98 million
Net Margins: 100.17%
Pretax Margin: 126.52%
Return on Equity: 19.75%
Return on Assets: 16.57%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.93
Quick Ratio: 8.93

Sales & Book Value

Annual Sales: $33.92 million
Price / Sales: 6.64
Cash Flow: $1.05 per share
Price / Cash Flow: 6.79
Book Value: $5.75 per share
Price / Book: 1.23

Miscellaneous

Outstanding Shares: 31,700,000
Free Float: 29,957,000
Market Cap: $225.07 million
Optionable: Optionable
Beta: 1.49

Social Links

Elon Musk's Next Move

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

Mr. Eric Brandon Singer (Age 51)
CEO, President & Chairperson
Comp: $3.78M
Mr. Leonard Wood (Age 68)
Chief Accounting Officer
Comp: $309.06k
Ms. Sophie Laval
Head of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IMMR Stock Analysis - Frequently Asked Questions

How have IMMR shares performed in 2024?: Immersion's stock was trading at $7.06 at the beginning of 2024. Since then, IMMR shares have increased by 0.6% and is now trading at $7.10.
View the best growth stocks for 2024 here.
When is Immersion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our IMMR earnings forecast.
How were Immersion's earnings last quarter?: Immersion Co. (NASDAQ:IMMR) posted its quarterly earnings data on Thursday, March, 7th. The software maker reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.30. The software maker had revenue of $10.38 million for the quarter, compared to analyst estimates of $9.25 million. Immersion had a net margin of 100.17% and a trailing twelve-month return on equity of 19.75%.
How often does Immersion pay dividends? What is the dividend yield for Immersion?: Immersion declared a quarterly dividend on Thursday, April 11th. Stockholders of record on Friday, April 12th will be given a dividend of $0.045 per share on Friday, April 19th. This represents a $0.18 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Thursday, April 11th.
Read our dividend analysis for IMMR.
Is Immersion a good dividend stock?: Immersion (NASDAQ:IMMR) pays an annual dividend of $0.18 per share and currently has a dividend yield of 2.48%. The dividend payout ratio is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.
What ETFs hold Immersion's stock?: ETFs with the largest weight of Immersion (NASDAQ:IMMR) stock in their portfolio include ProShares Metaverse ETF (VERS) and Jacob Forward ETF (JFWD).Invesco Nasdaq Future Gen 200 ETF (QQQS).

What is Ramzi Haidamus' approval rating as Immersion's CEO?: 3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among the company's employees.
What other stocks do shareholders of Immersion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Twitter (TWTR), Micron Technology (MU), Sorrento Therapeutics (SRNE), Tesla (TSLA), Salesforce (CRM) and Trade Desk (TTD).
Who are Immersion's major shareholders?: Immersion's stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.26%) and Register Financial Advisors LLC (0.08%). Insiders that own company stock include Aaron Akerman, Elias Nader, Eric Singer, Francis Jose, Toro 18 Holdings Llc and William C Martin.
View institutional ownership trends.
How do I buy shares of Immersion?: Shares of IMMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IMMR) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial